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Saugus 01906 Lynnhurst
30 Oak Point Rd
$330,000
● House - Off Market

30 Oak Point Rd

Saugus, MA 01906
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
986 Ft²
$476,906
RealtyHop Estimate
44.96%
Since Apr 1, 2019
MA-Boston
Primary Model

About This Property

**PRICE REDUCTION** Top Notch Location!!! This single family home offers an amazing opportunity for an investor OR savvy homebuyer to build equity in the desirable,  picture perfect neighborhood of INDIAN VALLEY. The home features a large kitchen/dining area opening up to an oversized deck- perfectly situated for entertaining; the sun-drenched living room is spacious, but cozy; the nearly 13,000 sq foot lot rounds out the home's features. Home has 2 driveways and offers endless possibilities for the new homeowner. With some TLC and elbow grease, you can create instant value in a fabulous location.
Unit Size
986 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$334
Property Type
House
Property Taxes
$255
HOA Dues
-
Year Built
1925

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #72421914)

Price History

Date / Event Date Event Price
Mar 1, 2019 Sold
Premium
Sold
Nov 8, 2018 Listed by Century 21 North East $329,000
Listed by Century 21 North East
Jun 22, 2006 Sold
Premium
Sold
May 15, 2006 Listed by Century 21 North East $324,900
Listed by Century 21 North East

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 26
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 946
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,772
  • Total Building Area: 986
  • Gross Building Area: 2,284
  • Building Area: 986
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 986
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000293
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Saugus School District
  • School Tax School District: SAUGUS SD
  • Census Tract: 208301

Zoning

  • Zoning: NA

Geography

  • Account Number: 460000
  • Parcel: SAUG M:011-E B:0005 L:0002
  • Block: 5
  • Lot: 2
  • Municipality: SAUGUS
  • Latitude: 42.4768
  • Longitude: -71.015

    Address

  • Full Address: 30 Oak Point Rd
  • Address - House Number: 30
  • Address - Street Name: Oak Point
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Saugus
  • Carrier Code: C012
  • 4-Digit Zip Code: 2082
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $464,300

    Appraisal Valuation

  • Standard Deviation: 0.1869
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 511,829
  • High Value: 607,514
  • Low Value: 416,144

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $436,000
  • Assessed Land Value: $306,100
  • Assessed Improvements Value: $129,900

    Sales

  • Current Sale Contract Date: Feb 27, 2019
  • Current Sale Recording Date: Mar 01, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 21
  • Current Sale Input Document Number: 20190301003500
  • Previous Sale Recording Date: Jun 22, 2006
  • Previous Sale Amount: $315,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lynnhurst

Stats & Trends

Median Asking:

$627,400

Sale Price/ft²

$403

Below Asking

0.01%

Average Days on Market

61

Average Home Size

3529 ft²

Average Home Age

34.2 years

Currently For Sale

9 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72421914

Frequently Asked Questions

When was property at 30 Oak Point Road built and last sold?
The property at 30 Oak Point Road was built in 1925 and last sold on Feb 27, 2019 for $330,000.
How much is this home worth?
The estimated value of the home located at 30 Oak Point Road is $333,503.
What are some comparable homes to 30 Oak Point Road?
There are currently no comparable homes to 30 Oak Point Road.
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